Delhi HC refers dispute between BharatPe, Ashneer Grover to arbitration
New Delhi, Aug 22 – The Delhi High Court on Thursday referred a dispute between BharatPe, an online money transaction platform, and its former managing director Ashneer Grover to a sole arbitrator. In its plea filed before the Delhi High Court, the fintech
India mobile phone exports reach $6.5 billion in April-July, iPhones lead
New Delhi, Aug 22 – Led by iPhones, exports of mobile phones from India reached $6.5 billion in the April-July period (Q1 FY25) – an almost 40 per cent surge from the same period last fiscal (FY23), industry data showed on Thursday. iPhone
8 in 10 employees to stay with firms prioritising skills-first approach: Report
Mumbai, Aug 22 – More than 8 in 10 (83 per cent) of employees are more likely to stay with companies that adopt a skills-first approach, a report said on Thursday, as the ability to harness ‘skills intelligence’ has become a decisive factor
Centre aligns projects for civil enclaves at Bagdogra, Bihta airports with National Master Plan
New Delhi, Aug 22 – The Network Planning Group (NPG) has evaluated two projects of the Ministry of Civil Aviation for the construction of new civil enclaves at Bagdogra Airport in West Bengal’s Siliguri and Bihta Airport in Bihar’s Patna for their alignment
Beyond the smartphone: POCO Pad to usher in 5G phablet era
Mumbai, Aug 22 – Global smartphone brand POCO on Thursday said that drawing inspiration from the phablets that first blurred the lines between phone and tablet, its new Pad has gone a step further. By harnessing the power of 5G and integrating it
JNCASR, HZL pact paves way for advance energy storage solutions in India
New Delhi, Aug 22 – A recent Memorandum of Understanding (MoU) between Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an independent institution under the Department of Science and Technology (DST), and Hindustan Zinc Limited (HZL) marks a significant advancement in the development
Vietnam’s official calls for positioning durian as national product
Hanoi, Aug 22 – Vietnam should position durian as a national product by setting quality standards and building its brand to compete with major exporters like Thailand and Malaysia, Minister of Agriculture and Rural Development Le Minh Hoan has said. He added that
Indian economy is on upswing: Finance Ministry
New Delhi, Aug 22 – The Indian economy experienced a notable upswing across various economic indicators in July 2024, signalling strong and resilient business activities with both the manufacturing and services sectors posting a robust performance, according to the Finance Ministry’s monthly review
Finance Ministry sees food inflation easing further on back of better monsoon
New Delhi, Aug 22 – Inflationary pressures in the Indian economy eased in July and food inflation is expected to come down further with this year’s better monsoon leading to higher agricultural production, according to the Finance Ministry’s monthly review released on Thursday.
Indian economy is on upswing: Finance Ministry
New Delhi, Aug 22 – The Indian economy experienced a notable upswing across various economic indicators in July 2024, signalling strong and resilient business activities with both the manufacturing and services sectors posting a robust performance, according to the Finance Ministry’s monthly review
Sensex closes 147 pts up 81,053, Nifty above 24,800
Mumbai, Aug 22 – Indian stock markets again closed higher on Thursday due to positive sentiment in the markets. At closing, Sensex was up 147 points, or 0.18 per cent, at 81,053 and Nifty was up 41 points or 0.17 per cent at
Suchi Semicon to invest $100 million in chip plant in Gujarat, create 1,200 jobs
New Delhi, Aug 21 – In a fillip to the government’s chip manufacturing vision, semiconductor company Suchi Semicon on Wednesday said it is set to inaugurate an assembly and testing (OSAT) plant in Gujarat by November this year with an investment of $100
Google to face lawsuit over Chrome’s data collection: US court
San Francisco, Aug 21 – Tech giant Google will face a class-action lawsuit in the US over alleged data collection via Chrome browser without users’ consent, a court here has ruled. A federal appeals court in the state of California reversed a December
Private corporate investment to surge 54 pc to Rs 2.45 lakh crore in 2024-25: RBI report
Mumbai, Aug 21 – India’s private corporate investment is estimated to surge by 54 per cent to ₹2,45,212 crore in 2024-25 from ₹1,59,221 crore in 2023-24 based on “the phasing profile of the pipeline projects’ finances,” according to an RBI study. Phasing plans
Qualcomm unveils new Snapdragon chip for affordable smartphones
San Francisco, Aug 20 – Chip maker Qualcomm on Tuesday introduced Snapdragon 7s Gen 3 Mobile Platform for more affordable smartphones, making its advanced technologies accessible to all, including generative AI, mobile gaming, camera and video and more. The new platform offers on-device
Govt launches drive to weed out fake GST registrations used for ITC frauds
New Delhi, Aug 20 – The government has launched a special drive by Central and state GST formations to identify and weed out fake GST registrations that are being used for massive ITC (input tax credit) frauds, a top official said on Tuesday.
Kia, Tesla and others to recall over 1 lakh cars for faulty parts
Seoul, Aug 21- Kia, Tesla and two other carmakers will voluntarily recall more than 100,000 vehicles due to faulty components, the transport ministry here said on Wednesday. The four companies, including Ford Motor and GM Asia Pacific Regional Headquarters are recalling a combined
Automakers engage in myth-busting campaign surrounding EV charging safety
Seoul, Aug 21 – Automotive companies in South Korea are pushing forward with their new electric vehicle launch schedules despite public concerns over EV safety, with key players actively campaigning to debunk unsubstantiated myths surrounding safe charging practices. The latest fears surrounding EVs
India’s target of $55 trillion economy is ambitious but achievable: IMF official
New Delhi, Aug 21 – India’s economy is projected to grow to $55 trillion by 2047 if the country is able to register an average real growth rate of 8 per cent in the coming years which is an ambitious but achievable target,
India inks pact to export green ammonia to Japan
New Delhi, Aug 21 – India has signed an agreement for the export of green ammonia to Japan marking a significant step forward in the country’s journey to becoming a global leader in green energy in green hydrogen and ammonia production, the Ministry